by Calculated Risk on 12/16/2011 08:30:00 AM

From the BLS: CPI unchanged in November as energy declines offset increases in other categories

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment.

The energy index declined for the second month in a row and offset increases in the indexes for food and all items less food and energy. ... The index for all items less food and energy increased 0.2 percent in November following increases of 0.1 percent in each of the prior two months.

Later today I'll post a graph of several core measures of inflation.